Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Problem 1

During dinner hour, distribution of inter-arrival time of customers at Burger Barn is computed as follows:

Inter-arrival Time      Probability

30 seconds                 .45
60 seconds                 .25
90 seconds                 .15
120 seconds                .10
150 seconds                .05

Sixty percent of customers pay with cash, while 40% pay with credit cards.

Payment Method        Probability

Cash                             .60
Credit                            .40

Service time of the cash and credit card customers are estimated to be as follows:

             Cash                                          Credit Card

Service Time     Probability         Service Time        Probability

20 seconds           .35               30 seconds               .20
40 seconds           .30               60 seconds               .45
60 seconds           .25               90 seconds               .25
80 seconds           .10             120 seconds               .10

Simulate this system for 20 customer arrivals and find out the average time a cash and credit card customer should wait in line before paying cashier. Use random numbers in table below to find out the customer inter-arrival time, whether customer pays with cash or credit, the service time.

You would be working with three probabilistic variables, inter-arrival time, payment method and the service time. Also utilze excel template attached when solving this problem.

Random Numbers         

Inter-arrival Time              Payment Method               Service Time

63                                          10                                  19
46                                          73                                  79
86                                          28                                  35               
0                                             51                                63     
56                                           91                                 54    
67                                          14                                  51             
59                                          64                                  93
 28                                         24                                  69
79                                           70                                 14
64                                           84                                 35
33                                           73                                  1
81                                           17                                  9
17                                           48                                  70
63                                           11                                  50
66                                           88                                  40
27                                            94                                 41
4                                              29                                 71
34                                            83                                 68
7                                               71                                 50
69                                             27                                 82

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91841

Have any Question? 


Related Questions in Statistics and Probability

Historically 25 of all students taking an statistics course

Historically 25% of all students taking an statistics course have failed (i.e. receive a grade below C). Professor Han thinks that she has a better method of teacher statistics to business students. She is given a random ...

Consider the following belief space where the set of

Consider the following belief space, where the set of players is N = {I, II}, and the set of states of nature is S = {s 1 , s 2 }: Write out the belief hierarchies of orders 1, 2, and 3 of Player I, at each state of the ...

A buyer suspects that the factorys claimed life of mean is

A buyer suspects that the factory's claimed life of mean is 3000 hours for these light balls are too high. To check the claim, the factory tests 50 of these light balls and gets a mean lifetime of sample mean = 2988 hour ...

Determine the linear regression model to predict the cost

Determine the linear regression model to predict the cost of a house. Given that the 145 is the estimated mean value of Y when X is zero and 7.4 is the estimated mean value of Y for every one unit change in X.

Its believed that as many as 20 of adults over 50 never

It's believed that as many as 20% of adults over 50 never graduated from high school. We wish to see if this percentage is the same among the 25 to 30 age group. a) How many of this younger age group must we survey in or ...

1 suppose the mean test scores for a college enter exam is

1) Suppose the mean test scores for a college enter exam is normally distributed with mean = 78 and standard deviation = 12. a). If an individual student is selected at random, what is the probability that this student's ...

Let n y fiiisinn s p be an aumann model of incomplete

Let (N, Y, (F i ) i ∈N , s, P) be an Aumann model of incomplete information with beliefs, and let W ⊆ Y be an event. Prove that (N,W, (F i  ∩ W) i ∈N  , P(· | W)) is also an Aumann model of incomplete information with be ...

Question 1use this extract taken from the article goji

Question 1: Use this extract taken from the article, "Goji berries prevent macular degeneration," (appeared in Healthy Foods, Healthy Bodies on January 21, 2016) to answer the questions that follow: Goji berries (Lycium ...

How might one relate einsteins theory of relativity to

How might one relate Einstein's theory of relativity to mathematical perspective in art?

Analysis and applicable theoriesfor your analysis select

Analysis and Applicable Theories For your analysis, select two applicable theories content theories and two process theories from the list provided in this course. Please note the theories should be post-Frederick Winslo ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro